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Northampton 01062
550 Bridge Rd
$361,500
● House - Off Market

550 Bridge Rd

Northampton, MA 01062
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,328 Ft²
$352,613
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Spread out in these 6 rooms 3-bedroom home whether you're inside or out. This home offers 3 bedrooms, a deck, an enclosed porch, Metal roof ,a storage shed, central air and gas forced heating. Wood and vinyl flooring plus the added bonus of a gas range for those who like to cook. Convenient to everything the Pioneer Valley offers, shopping, the bike path, fantastic restaurants, and more. Come make this home yours. OPEN HOUSE SUNDAY 04/23/23 1-3 PM
Unit Size
1,328 Ft²
Days on Market
-
Land Size
0.81 acres
Price per sqft
$263
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73100667)

Price History

Date / Event Date Event Price
May 26, 2023 Sold
Premium
Sold
Apr 27, 2023 In contract -
In contract
Apr 19, 2023 Listed by Coldwell Banker Community REALTORS® $349,900
Listed by Coldwell Banker Community REALTORS®
Dec 30, 1994 Sold
Premium
Sold
Apr 12, 1990 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,075
  • Total Building Area: 1,328
  • Gross Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000805
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northampton School District
  • Census Tract: 821601

Zoning

  • Zoning: RR

Geography

  • Parcel: NHAM M:017D B:0005 L:0001
  • Block: 5
  • Lot: 1
  • Municipality: NORTHAMPTON
  • Latitude: 42.34
  • Longitude: -72.658

    Address

  • Full Address: 550 Bridge Rd
  • Address - House Number: 550
  • Address - Street Name: Bridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Florence
  • Carrier Code: C015
  • 4-Digit Zip Code: 4515
  • Zip Code: 01062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $412,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2149
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 384,897
  • High Value: 467,614
  • Low Value: 302,181

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,300
  • Assessed Land Value: $118,800
  • Assessed Improvements Value: $141,500

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7623
  • Previous Sale Recording Date: Dec 30, 1994
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northampton

Stats & Trends

Median Asking:

$530,000

Sale Price/ft²

$332

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1918 ft²

Average Home Age

78.5 years

Currently For Sale

74 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73100667

Frequently Asked Questions

When was property at 550 Bridge Road built and last sold?
The property at 550 Bridge Road was built in 1900 and last sold on May 26, 2023 for $361,500.
How much is this home worth?
The estimated value of the home located at 550 Bridge Road is $360,864.
What are some comparable homes to 550 Bridge Road?
There are currently no comparable homes to 550 Bridge Road.
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